EBRD to lend Ђ10 m to CAC Leasing


CAC Leasing will draw a loan from the European Bank for Reconstruction and Development (EBRD) of Ђ10 m. The contract signed between CAC Leasing and EBRD provides a credit line to support small-and medium-sized enterprises (SMEs) said Radovan Kazimir from CAC Leasing.

CAC Leasing has been cooperating with EBRD since 2003. While last year the company signed 273 leasing contracts amounting to Ђ9.3 m, in nine months of this year this figure increased to 491 leasing contracts totaling Ђ11.1 m.

CAC Leasing has been operating in Slovakia since 1996. In October 1997 it was transformed to CAC Leasing Slovakia, a.s. Its biggest shareholder is Bank Austria Creditanstalt Leasing, GmbH with 44.9 per cent. CAC Leasing Prague owns 35.2 per cent and HVB Bank Slovakia, a.s holds 19.9 per cent.

Source: Hospodarske Noviny



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